Majedie Investments (LON:MAJE) Hits New 52-Week High – Here’s What Happened

Shares of Majedie Investments (LON:MAJEGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 300 and last traded at GBX 298.50, with a volume of 58643 shares traded. The stock had previously closed at GBX 287.50.

Majedie Investments Price Performance

The stock has a 50-day moving average of GBX 280.37 and a 200 day moving average of GBX 273.50. The stock has a market capitalization of £158.20 million, a price-to-earnings ratio of 13.21 and a beta of 0.72.

Majedie Investments Company Profile

(Get Free Report)

Majedie Investments PLC is an investment trust founded in 1910 and managed by Marylebone Partners LLP.

Marylebone Partners combines investments from three complementary strategies sourced from around the globe into a single portfolio comprising hard-to-access special investments, external niche manager allocations and investments in publicly-listed companies. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.

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